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<br /> The property is lacated in ...Hal l.................................................. at .,.......................,...........
<br /> {County)
<br /> 4 3 5 Commanche Ave Grand I s 1 and ,, Nebraska ..6.�$�3. .......
<br /> .... ....... ......... ............................... .......... . .......................... ...... ...
<br /> {Addre�s} {City) {ZrP�ade}
<br /> Together wi�h al1 righ�s, eas�ments, appurtenances, rayalti�s, minerai rights, �i1 an� gas rights, a�1 water and
<br /> riparian rights, ditches, and water stock and a11 e�isting and future improvemen�s, structures, fixtures, and
<br /> replacements that may now, or at any time in the future, b�part of the real estate descri�ed aba�e (a�� referred
<br /> ta as "Property"}.
<br /> 3. MA�IMUM �BLIGATI[]N LIMIT. The total principal amount se�ured by this Security Instrument at any
<br /> ane time sha11 nat exc��d $ 5�r,���..�.�................................... . This limitatian of amount does not
<br /> include interest and other fees and charges �alidly made pursuant to this Security Instrument, Also, this
<br /> limitatian does not apply to advances nlade under �he t�rms af this Security Instrument t� protect
<br /> Beneficiary's se�urity and to perform any of the�ovenants contained in this Security Ynstrument.
<br /> 4. SECURED DEBT A1�D FUTURE ADVANCES. The t�rm "Secured Debt" is defined as fallows:
<br /> A.Debt incurred under the terms of all promissory notets}, contract�s}, guaranty(ies} or �ther e�idenc� flf
<br /> debt described below and al� �heir extensians, renewals, madifi�ations or substitutions. �Yo� mr�st
<br /> spQci;�caZZy identify�he de���s} s�cur�d Qnd yau shor�rd inctr�de�hQ fina�maturity dQte af such de���s}.}
<br /> Note Dated February �4� 2�16 In The Amount Uf $50� �Q❑.�0
<br /> AcGruing At a Fixed Rate With A Maturity Date �f Februax�y 25, 2D21
<br /> 5aid Loan In The Name�s} Df Jim Dramse
<br /> And Ila Dramse
<br /> B. Al1 future advances from Beneficiary to Trustor or oth�r fu�ure abligation� �f Trustor to Beneficiary
<br /> under any promissory note, c�ntract, guaran�y, �r orher �vidence �f deb� execut�d by Trustor �n favor
<br /> of Ben�ficiary after this Security Ynstrument whether or nat this Se�ur�ty In�trument is spec��cally
<br /> r�ferenced. Yf more than �ne person signs this Security Instrumen�, each Trustor agrees that this
<br /> 5ecurity Instrument wi11 secur� all future advances and future a��igations that ar� gi�en ta or incurred
<br /> by any one or more Trust�r, ar any nne ❑r m�re Trustar and others. A11 future ad�ances and other
<br /> future abligati�n� are secured �y this Security Ins�rument even though all ar part may nat yet be
<br /> ad�anced. All future ad�anc�s and ather future obliga�ions are secured as if made an the date of this
<br /> Security Instrument. Nothing in this Security Instrument shall canstitut� a commitm�nt t� make
<br /> additional or future loans vr ad�ances in an� amnun�, Any such cammitmen� must be agreed t� in a
<br /> separate writ�ng.
<br /> C.All other obligations Trustor awes to Benefic�ary, which ma� later arise, t+�the extent no�prahibited by
<br /> law, including, �ut nflt limited to, lia�ilities far o�erdrafts relating ta any d�pos�t accaunt agreement
<br /> �etween Trust�r and Ben�ficiary.
<br /> D.All additianal sums advanced and expenses incurred by Beneficiary for insuring, preserving or
<br /> otherwise protecting the Property and its �alue and any ather sums ad�an�ed and expenses incurred by
<br /> Beneficiary under the terms of this Secur�ty Instrument.
<br /> Yn the e�ent that Beneficiary fails to pr��ide any required natic��f the right of rescissi�n, Benefi��ary waives
<br /> any subsequent security interest in the Trustor's prin��pal dwelling that is created by thi� Security Znstrument.
<br /> 5. DEED �F TRUST C�VENA.NTS. Trustor agre�s that the ca�enants in this sectian are material obligations
<br /> under the 5ecured Debt and this Security Instrument. If Trustflr t�reaches any co�enant in this section,
<br /> Benefi�iary may refuse ta make addit�onal extensions of credit and reduce the cre��C limit. By not exercising
<br /> either r�medy �n Trus�ar's br�ach, Beneficiary daes not wai�e Beneficiary's right to later consider the e�ent a
<br /> breach if it happens again.
<br /> Payments. Trustor agrees that all payments under the Secured D��t will b�paid when due and in accordance
<br /> with the terms af the Secur�d I]�bt and this Security InsCrument.
<br /> Pr��r Security Interests. With regard ta any other mor�gage, deed af trust, security agreement or other lien
<br /> dacument that created a prior se�urity int�rest �r �ncumbrance �n the Prap�rty, Trust�r a�rees t� make a11
<br /> payments wh�n due and �o perfarm or camply with a11 covenants. Trust�r also agrees not to a11aw any
<br /> modificatian ar extensivn of, nor to request any future ad�ances under any note or agreement secured by the
<br /> lien dacum�nt withnut Seneficiary's prior written appro�al.
<br /> �laims Against Titl�, Trustor wi11 pay a11 taxes �includin� any tax assess�d t� this Deed of Trust},
<br /> assessments, liens, encumbrances, lease payments, ground r�nts, utilities, and other �harges relating to the
<br /> Property wh�n due. Beneficiary may require Trustar to pro�id� to Beneficiary copies �f al� na�ices that such
<br /> amounts are due and the receipts e�idenc�ng Trustor's paym�nt. Trustar wi�� defend �it�e t� th� Property
<br /> against any claims that would impair th� lien �f th�s Se�urity InsCrument. Trustor agree5 to ass�gn to
<br /> Benef�ciary, as requ�st�d by Beneficiary, any rights, claims or def�nse� Trustor may have against parties wha
<br /> supply labor or materia�s to maintain or impro�e the Praper�y.
<br /> Security Instrument-��en-End-Consumer-NE OCP-REDT-NE 7121209 1
<br /> VMPQ Bankers 5ystemsT^" VMP-C4fi5fN�y �7 1 fl7)AO
<br /> Woltsrs Kluwer Financial Ser�ices�9 994,��1 1 Page 2 af fi
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